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Holds steady in early Europe close to....>

DOLLAR-YEN
MNI (London)
DOLLAR-YEN: Holds steady in early Europe close to Y105.50, market aware that
this level holds the strike of a large expiry for today's NY cut, $2.66bn, which
could act to keep rate anchored close by until the run off. Support seen at the
earlier Asian low of Y105.42, with reports from Asian traders of demand interest
into Y105.40. Break here to expose |Friday's low of Y105.25. Resistance Y105.75
ahead of Y105.90/106.00. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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